<oembed><type>rich</type><version>1.0</version><title>DownWith ₿ig ₿rother wrote</title><author_name>DownWith ₿ig ₿rother (npub1qc…7j582)</author_name><author_url>https://yabu.me/npub1qc68n4duj96ajqa4kpjy76h57fxhtl5sws7u00p37s6h3ze4lwnqt7j582</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>&#xA;“Is it ironic that the asset created to resist fiat is now being used to save it?”&#xA;&#xA;This question keeps me up at night.&#xA;&#xA;I’ve been working quietly on a project that explores this very shift, how Bitcoin, born as freedom money, is now at risk of being wrapped in a new financial apparatus: strategic reserves, institutional custody, and most urgently, stablecoins like Tether that tether (literally) Bitcoin’s value to U.S. debt.&#xA;&#xA;Susie’s Forbes piece Is Trump’s Strategic Bitcoin Reserve a Threat to Freedom? is a sharp and timely look at what this co-option could mean.&#xA;&#xA;One idea I explore in my private thesis:&#xA;&#xA;“If Bitcoin becomes the foundation of a new system but the dollar remains the unit of account, then Bitcoin hasn’t replaced the system, it has been absorbed by it.”&#xA;&#xA;The question is:&#xA;Do we get a Bitcoin standard, or a digitised version of the old regime with new branding?&#xA;&#xA;Open to hearing thoughts from others working through this.&#xA;What can be done, practically and philosophically, to keep the ethos alive?&#xA;&#xA;#Bitcoin #Tether #GameTheory #Sovereignty #WrappedInTheDollar</html></oembed>